Northeast Denver office campus trades to local investor for $66.85 milion

Gateway Centre, a four-building office campus
 totaling 299,614 square feet in Denver, CO

 

DENVER, CO – JLL Capital has closed the $66.85 million sale and $43.69 million financing of

Gateway Centre, a four-building office campus totaling 299,614 square feet in Denver, Colorado.

Mark Katz

JLL marketed the property on behalf of the seller, an affiliate of Equus Capital Partners, Ltd., and procured the buyer, Flywheel Capital.

 Additionally, JLL worked on behalf of the buyer to secure the five-year, fixed-rate acquisition loan with Independent Financial, which operates in major markets throughout Colorado and Texas.

 Gateway Centre is positioned on 19.33 acres at 3950, 3800 and 3855 Lewiston St. in Aurora and 4400 Kittredge St. in Northeast Denver.

 Just 12 miles northeast of Downtown Denver, Gateway Centre is adjacent to Interstate 70 and Peña Boulevard offering exceptional accessibility throughout the region, including to Denver International Airport and Buckley Air Force Base. 

Peter Merrion

Additionally, the property is within walking distance of the Gateway Park light rail station providing a direct link to Downtown.

 Recently renovated, Gateway Center offers Class A office space alongside tenant amenities, including a state-of-the-art fitness center with locker rooms and showers, a tenant lounge, Wi-Fi enabled patio with fire pit and a covered garage for executive parking. 

The Class A property is 100% leased to a diverse set of 24 tenants, including Primoris, Billtrust, Leidos and Boeing with Equus completing over 62,00 square feet of leasing since the start of the pandemic.

 The JLL Capital Markets team representing the seller was led by Senior Managing Director Mark Katz and Senior Director Peter Merrion.

 Eric Tupler

 Financing efforts were led by JLL Capital Market’s Senior Managing Director Eric Tupler and Director Rob Bova.

 “Gateway Centre saw tremendous interest from investors due to the quality of the assets and the growth story in Northeast Denver,” Merrion said.

“Many companies choose this area to be accessible to the growing labor dynamics in Denver and our team was thrilled to work on this exciting property.”

 About Equus Capital Partners

Equus Capital Partners is one of the nation’s leading real estate investment managers. 

Rob Bova

Equus’ diversified portfolio consists of office, multi-family, and industrial properties located throughout the United States. 

The firm is headquartered in the Philadelphia area with regional offices in Chicago, Los Angeles, Washington D.C., Atlanta, Arizona, Raleigh-Durham, and South Florida. 

CONTACT:

 Kristen Murphy

 JLL Senior Manager

 Public Relations

Phone: +1 617 848 1572

Email:  Kristen.Murphy@am.jll.com

equuspartners.com.